Javascript verkar inte påslaget? - Vissa delar av Lunds universitets webbplats fungerar inte optimalt utan javascript, kontrollera din webbläsares inställningar.
Du är här

Revealed preference tests for consistency with weakly separable indirect utility

  • Per Hjertstrand
  • James Swofford
Publiceringsår: 2012
Språk: Engelska
Sidor: 245-256
Publikation/Tidskrift/Serie: Theory and Decision
Volym: 72
Nummer: 2
Dokumenttyp: Artikel i tidskrift
Förlag: Springer


Since Varian (Econometrica 50:945–973, 1982; Review of Economic Studies 50:90–110, 1983) made checking for consistency with revealed preference conditions more accessible to empirical researchers; researchers have often used revealed preference procedures to test their maintained hypotheses and narrow the scope of their demand studies. The tests developed by Varian are for the direct utility function, while researchers estimating demand systems often find it convenient to model consumer behavior with an indirect utility function. Unfortunately structure revealed in the direct utility function does not necessarily follow for the indirect utility function. To remedy this problem, we set forth conditions for checking consumer data for consistency with revealed preference conditions for minimization and weak separability of the indirect utility function.


  • Economics
  • Revealed preference - Indirect utility - Weak separability


  • ISSN: 0040-5833

Box 117, 221 00 LUND
Telefon 046-222 00 00 (växel)
Telefax 046-222 47 20
lu [at] lu [dot] se

Fakturaadress: Box 188, 221 00 LUND
Organisationsnummer: 202100-3211
Om webbplatsen